Economy

Transport has a key role to play in supporting and underpinning different city region economies.

Key Indicators

Gross Value Added (GVA) per head of population

GVA per head of population in the United Kingdom was £25,601 in 2015. The figure is considerably higher in London than in the Metropolitan Areas, which are below the national average.


Jobs by Local Authority

In 2015, London and the Metropolitan areas were home to 11.5 million jobs, with roughly 50% of these in London. Whilst the number of jobs has grown in all areas since 2004, the rate of growth has varied.


Jobs per head of population

Looking at the number of jobs per head of population, central London is the only area with more jobs than population, with 1.42 jobs per head of population.


UK consumer confidence

The Consumer Confidence Index is a barometer of expected household consumption. An indicator above 100 suggests a boost in consumer's confidence of a future economic situation, whilst below 100 suggests pessimism. As the graph shows below, the recession of 2008 saw a dip in consumer confidence which has since recovered.

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